International Consolidated Airlines Group (LON:IAG) Hits New 52-Week Low – What’s Next?

International Consolidated Airlines Group S.A. (LON:IAG) shares reached a new 52-week low during mid-day trading on Friday . The stock traded as low as GBX 2.33 ($0.03) and last traded at GBX 230 ($2.99), with a volume of 2147000000 shares trading hands. The stock had previously closed at GBX 218.80 ($2.85).

International Consolidated Airlines Group Stock Performance

The company has a debt-to-equity ratio of 337.70, a quick ratio of 0.63 and a current ratio of 0.70. The firm’s 50 day moving average is GBX 202.86 and its 200-day moving average is GBX 182.74. The stock has a market capitalization of £11.49 billion, a price-to-earnings ratio of 558.33, a PEG ratio of 0.21 and a beta of 2.31.

About International Consolidated Airlines Group

International Consolidated Airlines Group SA, together with its subsidiaries, engages in the provision of passenger and cargo transportation services in the United Kingdom, Spain, the United States, and rest of the world. It also provides aircraft leasing, aircraft maintenance, tour operation, air freight operations, call centre, ground handling, trustee, retail, IT, finance, procurement, storage and custody, aircraft technical assistance, human resources support, and airport infrastructure development services; and manages airline loyalty programmes.